u summed it up well imou dont just carve up a company that pays...

u summed it up well imo

u dont just carve up a company that pays its interest because its short term debt is due and payable.

That makes no sense at all in these times.

once its carved to pieces it loses its management services value ($5.5bln last val by KPMG from memory)

having said that, why should the banks get debt for equity?

They should take the risk as lenders just as we do as shareholders.

Perhaps offer them some sort of 1 off balloon payment in 5 years or a set payment from divvys over the next 5-10 years but not equity per se.

I actually think CNP has the upperhand over the banks technically as without CNP the banks would jeopodise whats left in equity and non asset values (management).

The assets are good, the income is good, the short term debt is the main concern, banks need to step up and rectify it for the long term reward of all including their own shareholders..